Co-operative Banking Group Selects Teradata and Microgen for Database-Driven Accounting Process
19th October 2011
London, UK - Teradata Corporation (NYSE: TDC), the world's largest company focused on big data analytics, data warehousing and integrated marketing management, has won its first partner bid with Microgen to re-engineer the accounting process of the Co-operative Banking Group (CBG). CBG is part of the world's largest consumer co-op and recognised for its ethical banking approach. The UK-based organisation is installing a centralised Teradata data warehouse platform as part of its core Financial Transformation Programme. The new system integrates credit risk and accounting data into one integrated data warehouse environment. Predicted benefits include increased usability of data, reduced management overheads and improved time efficiency.